Honestly. Surely the times of insisting that the IMF top job goes to some European socialist should end?

Now I don't follow European politics closely, but as far as I can tell, Lagarde, a former conservative politician, is a socialist in Sloan's eyes because she takes climate change, and its future effects on economies, seriously.

Yet she faced criticism in The Guardian for doing things of which one would think Sloan would approve:

It is, indeed, astonishing that one the major architects of the
punitive and ineffective bailouts in Greece, Ireland and Portugal,
should now found herself at the helm of the IMF. The European Union has
proved incapable of designing a proper anti-crisis policy for the
eurozone. Both the US administration and the IMF had to intervene to
prompt a Franco-German led eurozone to take steps to prevent an
impending catastrophe. In May 2010, the EU eventually launched the
€700bn Financial Stability Mechanism. Not only did the funds prove
insufficient to reach their stabilising objective, but a lack of
leadership was also blatantly exposed. While Germany urged more
austerity measures on Greece, Ireland and Portugal, Christine Lagarde
warned Greece that it was at risk of default if "it didn't do more to
bring its public finances into order". No doubt that the quasi-bankrupt
Greek government will have found it helpful.

First, Lagarde sided
with the European Central Bank in opposing any form of restructuring of
the Greek debt. Then, she softened her stance and agreed to a new
bailout along the same austerity lines that made the previous bailout
fail. In true neoliberal fashion, the candidate to the IMF directorship
supported the idea that Greece should privatise state assets, to be sold
to Chinese buyers. These failed policies have inflicted nothing but
unnecessary suffering on European peoples, and have largely contributed
to boosting a resurgent far right across Europe. Lagarde was one of
their main instigators.

And I also note it was the Socialists in France who got her into a bit of legal trouble regarding a claimed financial scandal.

Funny old socialist she is, then.

But apart from Lagarde believing in that well known socialist conspiracy, climate change; Sloan probably finds outrageously outrageous Lagarde's recent comments on inequality:

“Business
and political leaders at the World Economic Forum should remember that
in far too many countries the benefits of growth are being enjoyed by
far too few people. This is not a recipe for stability and
sustainability,” she told the Financial Times.

We'll have to see what other things come from Sloan World in the next few months.